News for 'International Finance Centre'

Rio Olympic: 1st allegation of corruption crops up

Rio Olympic: 1st allegation of corruption crops up

Rediff.com18 Dec 2015

In the first allegation of corruption linked to next year's Olympics in Rio de Janeiro, Epoca magazine reported that construction company Carioca Engenharia allegedly bribed the speaker of the lower house of Congress in order to secure funds for a massive port area regeneration project.

Let us stop taxing women!

Let us stop taxing women!

Rediff.com8 Mar 2018

Double tax exemption on wages paid to women can encourage companies to hire, retain and compensate women better, argues Nitin Pai.

Nurses strike hits hospital services; Delhi invokes ESMA

Nurses strike hits hospital services; Delhi invokes ESMA

Rediff.com3 Sep 2016

The massive protest has been called by the All India Government Nurses Federation and the Delhi Nurses Federation seeking redressal of issues related to pay and allowances.

10 things the UN needs to do NOW!

10 things the UN needs to do NOW!

Rediff.com19 Oct 2015

On October 24, the United Nations turns 70. 'The credibility of the UN has been eroded by the fact that the Security Council does not represent the political realities of the world today,' says Ambassador T P Sreenivasan, listing the 10 things the UN needs to do to become more relevant and effective.

Reality check: How Modi govt fared in reviving the economy

Reality check: How Modi govt fared in reviving the economy

Rediff.com13 Nov 2014

The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.

Rio Olympians Malik, Karmakar in Forbes' list of '30 Under 30' super achievers

Rio Olympians Malik, Karmakar in Forbes' list of '30 Under 30' super achievers

Rediff.com17 Apr 2017

India has 53 achievers on the list, second only to China which has 76 honorees.

My prime task was to make India investment-friendly: Jaitley

My prime task was to make India investment-friendly: Jaitley

Rediff.com1 Mar 2015

Why do I want to bring corporate tax from 30 per cent to 25 per cent? I have to attract investment in this country -- not just international but domestic.

Why Indian telcos love China's Huawei, ZTE

Why Indian telcos love China's Huawei, ZTE

Rediff.com27 Dec 2018

'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'

Parliament witnesses storm of protests, no end to stalemate in sight

Parliament witnesses storm of protests, no end to stalemate in sight

Rediff.com9 Mar 2018

Parliament proceedings were washed out for the fifth straight day, as members from parties including the Telugu Desam Party and the All India Anna Dravida Munnetra Kazhagam, continued their protests on various issues.

Modi bags deals worth Rs 90,550 crore on Day 1 of UK trip

Modi bags deals worth Rs 90,550 crore on Day 1 of UK trip

Rediff.com12 Nov 2015

India and the United Kingdom on Thursday announced deals worth 9 billion Pound (Rs 90,550 crore) as they signed a civilian nuclear pact and decided to collaborate in the field of defence and cyber security besides launching a railway rupee bond in London.

Cash-strapped Kerala proposes 'fat tax' on junk food

Cash-strapped Kerala proposes 'fat tax' on junk food

Rediff.com8 Jul 2016

In a bid to discourage junk food culture,a 14.5 per cent 'fat tax' on burgers, pizzas and pasta will be levied.

'6 months to 1 year for economic revival'

'6 months to 1 year for economic revival'

Rediff.com10 Sep 2019

'The worst is over, but it may take a couple more years for the banking system to re-establish the growth process.' 'Banks are the major pillars in an economy's revival.' 'Without banking operations and lending, revival will not happen.'

They will help Urjit Patel to take a call on interest rates

They will help Urjit Patel to take a call on interest rates

Rediff.com23 Sep 2016

Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years

7 big steps for Modi 2

7 big steps for Modi 2

Rediff.com30 May 2019

Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.

New framework to deal with banks' toxic assets soon

New framework to deal with banks' toxic assets soon

Rediff.com20 Apr 2017

While they have restructured loans, there is still question mark over the success of such a work-out

A reality check on Modi's promises and action

A reality check on Modi's promises and action

Rediff.com15 Oct 2014

Pushback to Modi govt's policy pronouncements has already started, it now has a very small window of opportunity to bring in reforms.

How Nitin Gadkari plans to make Indian roads safe and pollution-free

How Nitin Gadkari plans to make Indian roads safe and pollution-free

Rediff.com25 Aug 2016

The Centre has accorded top priority for cost-effective, pollution-free transportation modes, such as waterways, which reduce logistic costs and increase road safety. Union minister of roads, highways, ports and shipping Nitin Gadkari speaks to Sanjay Jog about the government's strategy.

Why India Inc is batting for Rajan's 2nd innings at RBI

Why India Inc is batting for Rajan's 2nd innings at RBI

Rediff.com25 May 2016

Rajan has a great track record abroad.

No big bang schemes, Modi govt to focus on these 6 sectors

No big bang schemes, Modi govt to focus on these 6 sectors

Rediff.com4 Apr 2016

Instead of announcing new schemes, focus will be on those already announced and key sectors.

RBI ushers in on-tap bank licence

RBI ushers in on-tap bank licence

Rediff.com2 Aug 2016

A senior official with Muthoot Finance said the group would also want to apply for a universal licence.

Politics behind India's growth projections

Politics behind India's growth projections

Rediff.com5 May 2015

Most forecasts do not have a track record of transparency and accuracy

65 terror groups active in India

65 terror groups active in India

Rediff.com27 Aug 2013

The government has identified 65 terror groups active in the country, out of which a maximum of 34 are in Manipur, the Lok Sabha was informed on Tuesday.

2017: The year of the strong dollar (and weak rupee)

2017: The year of the strong dollar (and weak rupee)

Rediff.com21 Dec 2016

Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.

The World's Youngest Grandmaster

The World's Youngest Grandmaster

Rediff.com29 Jan 2019

At 12 years, seven months and 17 days, Dommaraju Gukesh is the second youngest Grandmaster of all time.

Experts doubt the feasibility of govt's new tax scrutiny plan

Experts doubt the feasibility of govt's new tax scrutiny plan

Rediff.com11 Feb 2019

E-proceeding of tax scrutiny has certain technical and practical issues which need to be addressed before making the system fully electronically driven.

Congress chief ministers are in trouble

Congress chief ministers are in trouble

Rediff.com5 Oct 2015

Even if they score administratively, state governments ruled by the party suffer from an inability to communicate positively, say observers.

Tax hurdles can keep foreign investment at bay

Tax hurdles can keep foreign investment at bay

Rediff.com19 Sep 2014

Once again, tax demands on foreign investors cause worry.

BONG! Big Ben needs 40 million for 'urgent repairs'

BONG! Big Ben needs 40 million for 'urgent repairs'

Rediff.com18 Oct 2015

The iconic monument will fall silent for four months, the longest in its 156-year life.

Smart cities: How Surat will get a grand makeover

Smart cities: How Surat will get a grand makeover

Rediff.com13 Jun 2016

Surat had bagged the fourth rank under the Smart Cities Mission based on its proposal.

Budget: A milestone towards ushering in reforms

Budget: A milestone towards ushering in reforms

Rediff.com1 Mar 2015

The Budget sets out a comprehensive vision.

Rs 201 per day? Rs 277? How much welfare do Indians need?

Rs 201 per day? Rs 277? How much welfare do Indians need?

Rediff.com31 Jul 2017

Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.

Decoding China's game play against India

Decoding China's game play against India

Rediff.com30 Aug 2016

'With the recent challenging of the notion of the Indian Ocean Region being India's strategic backyard, China is gradually upping the ante in the maritime realm around India.'

Pakistan is 'terrorist state', carries out war crimes: India to UN

Pakistan is 'terrorist state', carries out war crimes: India to UN

Rediff.com22 Sep 2016

India said Pakistan was a democracy deficit country and practises terrorism on its own people.

GST: The poor will largely be protected, says Arvind Subramanian

GST: The poor will largely be protected, says Arvind Subramanian

Rediff.com5 Aug 2016

Make In India and the reduction in barriers of trade will potentially create a growth environment.

Imported apples, ACs may cost more

Imported apples, ACs may cost more

Rediff.com2 Sep 2013

Govt mulls raising duty on non-essential goods with annual import bill exceeding $1 billion

UN order on Italian marine has put India in control: Jaitley

UN order on Italian marine has put India in control: Jaitley

Rediff.com3 May 2016

Jaitley said the tribunal has confirmed Italy's obligation to return Sergeant Girone to India in case India's jurisdiction over him is established.

Football Briefs: Spain face possible 2018 World Cup ban

Football Briefs: Spain face possible 2018 World Cup ban

Rediff.com16 Dec 2017

News of all that's transpired on and off the football field

The real story of Bihar's economic growth

The real story of Bihar's economic growth

Rediff.com28 Sep 2015

The really disturbing numbers relate to inequality.

Report vindicates my stand: Chidambaram on Ishrat case

Report vindicates my stand: Chidambaram on Ishrat case

Rediff.com16 Jun 2016

"The news report published in the Indian Express (external link) today comprehensively exposes the fake controversy created by the NDA government on the two affidavits filed by the Central government in the Ishrat Jahan case," Chidambaram said in statement.

Modi to meet CMs tomorrow; discuss new Plan Panel structure

Modi to meet CMs tomorrow; discuss new Plan Panel structure

Rediff.com6 Dec 2014

The new body may be headed by the Prime Minister as the chairman position would be ex-officio.